Spanish telco colossus Telefonica has announced a plan to establish a $1 billion fund for investments in the telecommunication, media and Internet sectors.
The Indian government Friday approved amendments to the Cable TV Act.
Fox's recent Friday addition "Guinness World Records" has taken a surprising tumble in its second try, struggling even by Fox's modest Friday standards.
UPN has renewed the Brandy sitcom "Moesha" for next season. "Moesha" is UPN's highest-rated show among teens and young women. In its Tuesday 8 p.m. timeslot, "Moesha" has averaged a 2.6 rating and 4…
Viacom Inc. celebrated its banner 1998 by granting its top three execs rich compensation packages, according to documents filed Friday.
Execs from Time Warner's Telepictures Prods. and "The Jenny Jones Show" are headed to a Michigan courtroom today to fight a $50 million lawsuit stemming from the 1995 murder case involving two men…
Following the withdrawal earlier this year of Rupert Murdoch's News Corp. Europe from advanced negotiations to purchase a controlling stake in Telecom Italia's digital platform Stream, talks are now…
Germany's Suddeutsche Zeitung said Saturday that media heavyweight Bertelsmann Media is aiming to increase stakes in German commercial webs RTL2 and Super RTL.
Nicole Kidman is in final negotiations to star in Jez Butterworth's "Birthday Girl," a co-production between Miramax HAL Films and FilmFour.
DreamWorks' "Forces of Nature" remained the nation's most popular film for the second consecutive weekend, dropping a modest 29% to $9.6 million.
Though better known for its well-established November feature fest, Thessaloniki can now also boast a solid documentary film festival, Visions of the 21st Century, which debuted March 15-21.